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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
215 State St Quarryville, PA 17566-1268
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-2198876
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Construction
BRICK
Total area
4,400 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MU
APN
530-09260-0-0000
UPID
US73-2198876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$535k
Owner & transaction history
Stoner Estates LLC · 2 yrs held
Stoner Estates LLC
since 2024
1 recorded transaction
Zoning & alternative use
MU · Quarryville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rea and bulk regulations. Article V R-4 Residential District § 420-501 Purpose and general regulations. § 420-502 Uses permitted by right and special exception. § 420-503 Area and bulk regulations. Article VI Mixed-Use (MU) District § 420-601 Purpose and general regulations. § 420-602 Uses permitted by right and special exception. § 420-603 Area and bulk reg…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
55.68 ac
Top alternative use upside
Medical building
$885,000
+25.0%
Auto repair, garage
$735,000
+3.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Quarryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quarryville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$710,000
Current use
MEDICAL BUILDING
$885,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,577
Tax year 2024
Assessed value
$278,000
Assessed 2024
Previous assessed
$278,000
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$54,400
Assessed improvement
$223,600
Land market value
$54,400
Improvement market value
$223,600
Total market value
$278,000
Applied tax rate
530.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1938
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
4,400 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MU
APN
530-09260-0-0000
UPID
US73-2198876
Jurisdiction
LANCASTER
Zoning & alternative use
MU · Quarryville, PAZoning MU · permitted uses
MU · Quarryville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rea and bulk regulations. Article V R-4 Residential District § 420-501 Purpose and general regulations. § 420-502 Uses permitted by right and special exception. § 420-503 Area and bulk regulations. Article VI Mixed-Use (MU) District § 420-601 Purpose and general regulations. § 420-602 Uses permitted by right and special exception. § 420-603 Area and bulk regulations. Article VII Commercial District (C-1) § 420-701 Purpose and general regu
Zone name
Mixed Use
General category
MIXED_USE
Zone area
55.68 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$710,000
MEDICAL BUILDING
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$735,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1938
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Stoner Estates LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8 N QUEEN ST12E, LANCASTER, PA 17603-3878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2024
—
Stoner Estates LLC
Stoner Estates
Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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